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Definition of 'shrinkage'

Noun

  1. process or result of becoming less or smaller; "the material lost 2 inches per yard in shrinkage"
       Synonyms: shrinking
  2. the amount by which something shrinks
  3. the act of stealing goods that are on display in a store; "shrinkage is the retail trade's euphemism for shoplifting"
       Synonyms: shoplifting


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